[Calc Review] Help me analyze this deal & Find Match with Lender
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Hi Tyrone,
one thing i noticed is the interest rate at 3.5%. I am not sure who you are working with, but with current rates at 5.3%, i don't see 3.5% being a realistic interest rate at this point. I would probably put the rate at 5.5% for conservative purposes.
One other thing i noticed is you had 5% taken out for vacancy which is good, but unless i missed it i didn't see anything being taken out for Capital Expenditures or General Maintenance & Repairs which is generally about 5% as well.
Lastly, i am not sure where you got tax #s from, but i would always go to the county website in which you are buying & try to pull previous tax bills so that way you know you're in the ballpark.
Feel free to reach out with any questions & best of luck.
-Jason